Santa Fe Neighborhoods – Focus on the Old Las Vegas Highway Corridor Neighorhoods

by Karen Meredith on August 24, 2010

Old Las Vegas Highway Corridor is located southeast of the Plaza on Old Las Vegas Highway and extends to Highway 285 South.  It is near the main hospital, St. Vincent Regional Medical Center, and many retail services.

Lots in this area, nestled in the foothills of the Sangre de Cristo Mountains, average between two and a half to approximately five acres depending on the community.  Although this area is only minutes from town, its feel is decidedly rural, and its views to the south and west are more expansive. Many horse properties are in this area and horse trails weave around many of those properties.  You can find a beautiful home with privacy and views here.  Neighborhoods here include Arroyo Hondo Vistas, Double Arrow, Overlook, Sunlit Hills, La Barberia, and Seton Village.  Housing is not uniform or cookie-cutter and the styles range from modest homes to elegant territorial and pueblo ranchettes.  Arroyo Hondo, in particular, is known for its superior horse properties.

If you would like to know more about any of the homes for sale in the Old Las Vegas Highway Corridor neighborhoods, contact me, Karen Meredith, by e-mail or at (505) 603-3036.  For a free market analysis of how much your Old Las Vegas Highway Corridor neighborhood home is worth, click here.

Santa Fe Market Report
Featuring The Old Las Vegas Highway Corridor (OLVH)

Active SFAR Listings
All Santa Fe Listings (8/20/10)
Residential: 2868
Residential Land: 1543
Farm & Ranch: 111
Commercia Buildings: 204
Commercial Land: 78
Live/Work: 23
Multi Family: 36

OLVH Corridor Snapshot
Residential Listings (8/20/10)
Active: 60
Pending: 4
Sold: 32*
  Average DOM: 286*
  Average Listing Price: $679,785*
     Average Listing Price Per Sq.ft: $227*
  Average Selling Price: $625,635*
     Average Selling Price Per Sq.ft.: $209*
  % of List Price: 92%*

*Sold (8/19/09-8/20/10)

Days on Market (DOM)
OLVH – Residential Sold*
Days on the Market

Selling Price: % of List Price
OLVH – Residential Sold*
Percentage of asking price

MLS Comparison, Sales Year To Date
OLVH – Residential – 2009 v. 2010

(1/1/09-8/19/09) – (1/1/10-8/20/10)
Year to Date Comparison

If you would to know more about any of the homes for sale in the Old Las Vegas Highway Corridor neighborhood, contact me, Karen Meredith, by e-mail or at (505) 603-3036.  For a free market analysis of how much your Old Las Vegas Highway Corridor neighborhood home is worth, click here.

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